50, ORCHARD CLOSE, NORWICH, NR7 9NZ - £292,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

50 ORCHARD CLOSE is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £292,000 in October 2016, which was around 18% below the average October 2016 detached price in the Norwich local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

50 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 50 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. Both of the two 50 ORCHARD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 14 OCT	£292,000	£356,353	18% below HPI
2001 25 MAY	£94,950	£134,078	29% below HPI

50 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The two 50 ORCHARD CLOSE sales from May 2001 and October 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 50 ORCHARD CLOSE?

50 ORCHARD CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 50 ORCHARD CLOSE lies on this distribution: 37% of detached houses are smaller than 50 ORCHARD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Norwich.

50 ORCHARD CLOSE: Plot and Title Map

50 ORCHARD CLOSE sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of 50 ORCHARD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 50 ORCHARD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 50 ORCHARD CLOSE?

50 ORCHARD CLOSE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 50 on ORCHARD CLOSE.